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Pets at Home Cancels 70,000 Shares in Ongoing Buyback Programme

Story Highlights
  • Pets at Home repurchased 70,000 shares as part of its ongoing buyback programme.
  • Cancellation of these shares cuts share count to 449.7 million, slightly boosting EPS and clarifying voting rights.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Pets at Home Cancels 70,000 Shares in Ongoing Buyback Programme

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Pets at Home ( (GB:PETS) ) just unveiled an announcement.

Pets at Home Group Plc has continued to execute its previously announced share buyback programme, repurchasing 70,000 ordinary shares on 27 January 2026 through Jefferies International at prices between 197.90p and 203.80p, with a volume-weighted average price of 200.48p. The bought-back shares will be cancelled, reducing the number of ordinary shares in issue to 449,711,164 and confirming the same figure as the company’s total voting rights, a move that marginally enhances earnings per share and clarifies the denominator for shareholders’ disclosure obligations under UK market transparency rules.

The most recent analyst rating on (GB:PETS) stock is a Buy with a £265.00 price target. To see the full list of analyst forecasts on Pets at Home stock, see the GB:PETS Stock Forecast page.

Spark’s Take on GB:PETS Stock

According to Spark, TipRanks’ AI Analyst, GB:PETS is a Outperform.

Pets at Home’s overall score reflects strong financial performance and attractive valuation, supported by a high dividend yield. The ongoing share buyback program is a positive corporate action, although recent retail challenges and a profit warning introduce some risk factors.

To see Spark’s full report on GB:PETS stock, click here.

More about Pets at Home

Pets at Home Group Plc is a UK-based retailer focused on pet care, selling pet food, accessories and related products, and offering services such as veterinary care and grooming across its nationwide store network and online channels.

Average Trading Volume: 736,021

Technical Sentiment Signal: Sell

Current Market Cap: £903.3M

For detailed information about PETS stock, go to TipRanks’ Stock Analysis page.

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